$10,000 Closing Credit*
$1,289,000
4 Beds
•3 Full Baths
Listing Office: E Realty International Corp
Is Little Neck, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Little Neck has remained a Neutral Market.
Key Takeaway
Little Neck is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Little Neck, NY
How much do homes in Little Neck, NY cost?
Median Sold Price
$1,140,000
$553/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$140,001(+14.0%)
Key Takeaway
Homes in Little Neck have sold for 14% more than they did a year ago.
Summary: The median home sold price in Little Neck was $1,140,000 in October 2024, up 14% from last year, and the median price per square foot was $553.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259K | $235K | -9.3% |
| 2 Bedrooms | $920K | $841.9K | -8.5% |
| 3 Bedrooms | $915K | $988K | +8.0% |
| 4 Bedrooms | $1.0M | $1.2M | +14.3% |
| 5+ Bedrooms | $1.3M | $2.4M | +80.0% |
Summary: Little Neck housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 80%.
Median Sold Price Compared To Nearby Neighborhoods
| Little Neck | $999.9K | $1.1M | +14.0% |
| Glen Oaks | $352.5K | $370K | +5.0% |
| University Gardens | $950K | $990K | +4.2% |
| Northeastern Queens | $718K | $741.2K | +3.2% |
| Douglaston | $395.5K | $385K | -2.7% |
Housing Supply in Little Neck, NY
How many homes are available in Little Neck, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 48 | +6.7% |
Summary: The Little Neck real estate market had 48 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The Little Neck housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Little Neck, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Little Neck in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Little Neck, NY
How long does it take to sell a home in Little Neck, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 59 Days | +111.3% |
Summary: Homes in Little Neck had an average of 59 days on market in Oct 2024, up by 111.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Little Neck has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Little Neck; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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